Singapore-based crypto exchange BingX has been hit by an attack on its hot wallets. 🚨

- PeckShield detected a suspicious outflow of $13.5 million on September 20. This figure was later revised to $26.7 million.

- Cyvers Alerts reported that the total loss exceeded $52 million.

- BingX announced that most assets are safe in cold wallets and that services will be restored within 24 hours. 🔐

Blockchain technology and cryptocurrencies are getting stronger with security measures.